Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
WANdisco’s costs in the spotlight
Wednesday 8 March
Cash burn at WANdisco (WAND:AIM) will come under investor scrutiny when full year results are announced on 8 March. The data replication technology designer lifted shareholder spirits in January when it reported $0.2m of cash consumed by the business in the fourth quarter of 2016, a massive improvement on the $6.9m chewed through for the same period in 2015. This hints at first ever positive cash generation through 2017, among management’s key objectives. Also interesting is momentum from the company’s channel partner network (including IBM, Oracle, Amazon Web Services), which scored several contract successes for the company in late 2016.